TEHRAN (Reuters) - Iran announced plans on Friday to hold new naval exercises in the Strait of Hormuz next month, the latest in a series of forceful gestures in the world's most important oil shipping lane at a time when new sanctions threaten Tehran's exports.
Rear Admiral Ali Fadavi, naval commander of the Iranian Revolutionary Guards Corps, said the exercises in the Gulf and the Strait of Hormuz in February would be different from previous exercises, but gave no further
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